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Block Chain: 8.9BTC/ETH Ethereum intra-day trading strategy with market analysis
BTCETH overnight big rise again, we placed 60000 short order again last night. Those who did not exit in time also stopped loss at the 60800 level and exited with a small loss. If you keep up with the pace and follow the big fren after the breakthrough, you can still take some long order dividends after a small loss. Currently, after the big rise in the market, the highest point reached near 62700 after breaking through the moving average, the overall trend is indeed very strong, and each pullback since this Rebound has been relatively small. The unemployment data last night was Favourable Information, and the US stock market also rose sharply again, with a very good market response.
The daily candlestick also mentioned the moving average indicator last night. Currently, it is suppressed by the 60000 moving average indicator and the 2620 ETH. Once it breaks through effectively, it will form a moving average support, followed by the longs trend, and you can enter long positions above the moving average support. The KDJ golden cross sees an increase in long positions, and the MACD's DIF and DEA are crossing upward at a low level, with the short volume continuing to decrease until the longs volume appears. BOLL is currently under overall pressure, and there will be some retracement space during trading hours. However, the coin price has reached the 60800 and 2670 levels. We need to wait for further retracement before entering the market.
Long positions enter near BTC60000 to 60300 for intraday operation, with a target near 61500; Enter long positions near 2610 to 2640 for ETH, with a target of 2700#BTC #GateioInto11 #ContentStar